100% EOU
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2011
we are 100% EOU unit 10B Exempted software export unit. we don't have any local business.
if tax applicale on export profit at what rate we have to pay tax for the FY 2011-2012 AY 2012-2013.
Thanks
if tax applicale on export profit at what rate we have to pay tax for the FY 2011-2012 AY 2012-2013.
Thanks
26 April 2011
Section 10-B of the Income-tax Act provides for 100% deduction of profits derived by a 100% Export Oriented undertaking upto 10consecuitive assessment years. However, for AY 2012-13 and onwards such deduction will not be available and tax will be required to be paid at normal rates applicable to the assessee concerned.
Message likes :
1 times
27 April 2011
for more info:-
https://www.caclubindia.com/experts/tax-on-100-eou-647855.asp
https://www.caclubindia.com/experts/tax-on-100-eou-647855.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- TDS 194-T applicability
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- GST ITC REVERSE
- Renovation exp. in flat by family member
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- TDS on TRUST
- Consolidated financials
- Regarding Applicability of Tax Audit u/s 44AB
- New GST registration for new place of business.
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
